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Comment on Netflix confirms it is increasing subscription prices, again, after adding 8.8 million customers

SCB@lemmy.world ⁨1⁩ ⁨year⁩ ago

Neoliberalism is the idea that minimizing government impact in markets is a good thing, and that government regulation should be designed to efficiently address externalities with as little market distortion as possible.

Neoliberals, for instance, were among the first advocates for single-payer healthcare in the US, as they saw the insurance market as generally one large externality ripe with perverse incentives.

The internet started shitting on neoliberalism right about the time Hillary Clinton trounced Bernie Sanders, which they also blamed on neoliberalism.

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TropicalDingdong@lemmy.world ⁨1⁩ ⁨year⁩ ago

Neoliberalism is the idea that minimizing government impact in markets is a good thing, and that government regulation should be designed to efficiently address externalities with as little market distortion as possible.

Its bigger than that. I dont know if it was clear from how I said it, but there not being a “there” there is that both the word has lost meaning, or that its meaning has broadened to mean something bigger. You should look into some of those references I dropped.

Whatever “this” is, I think neoliberalism is a good word for it (and I do take the broad definition to include the culture behind it).

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- SCB@lemmy.world ⁨1⁩ ⁨year⁩ ago
  I am literally a neoliberal. I work with neoliberal groups, donate to neoliberal charities, support neoliberal politicians, and even own a hoodie that says “neoliberal and proud.”
  
  Before I got perma’d from Reddit for saying “The only good nazi is a dead nazi,” I regularly posted on /r/neoliberal
  
  I am quite aware of what neoliberalism is.
  
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  - TropicalDingdong@lemmy.world ⁨1⁩ ⁨year⁩ ago
    Hmm. No.
    
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    SCB@lemmy.world ⁨1⁩ ⁨year⁩ ago
    See my original post in this thread.
    
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